COTTON
General Comments: Cotton closed higher on a mix of fund and other speculator buying. The charts indicate a sideways range, but the ability […]
MAR BEAN Apparently, enough is enough! After getting blistered on Monday due to Argentine rain & perceived Chinese economic weakness, Mar Beans have rallied interday […]
Continue Reading →We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at […]
Continue Reading →Well in this uncertain world, it might bring you some satisfaction that for Russia, business is good. Russia’s Deputy Prime Minister and Putin’s bestie, Alexander […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – Jan 29
WA_GR101
Washington, DC Mon Jan 29, 2024 USDA Market News
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COTTON
General Comments: Cotton closed mixed in consolidation trading. Reports indicate that the US cash market has been moderately active with some producer selling […]
The potential for market squeezes is increasing and I am not just talking about orange juice, but I could be as orange juice has been […]
Continue Reading →WHEAT
General Comments: Wheat markets were higher last week in all three markets on the potential for damage from the cold weather seen a […]
COTTON
General Comments: Cotton closed slightly higher last week on hopes for strong demand news. However, the weekly export sales report showed reduced demand […]
We kickoff the day with Dallas Fed Manufacturing Index at 9:30 A.M., Export Inspections at 10:00 A.M., and 3-Month & 6-Month Bill Auction at 10:30 […]
Continue Reading →RBOB (GASOLINE FUTURES) UPDATE My post dated 12/13/2023 read as follows: “Gasoline futures are now trading close to short-term support where partial liquidation […]
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Grains Report 01/31/2024
WHEAT
Continue Reading →General Comments: Wheat markets were higher yesterday in all three markets in recovery trading. EUI offers were unchanged to help keep US offers […]